Back to search

Principle Design Ltd

11396181

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

3 PARK SQUARE EAST, LEEDS, LS1 2NE
Incorporated 04/06/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr James Nicholas Grundy

director · Since 04/06/2018

PRINCIPAL UX/UI DESIGNER

BRITISH · ENGLAND · Age 42

Persons with Significant Control

Mr James Nicholas Grundy

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 42

Central House, 47 St. Pauls Street, Leeds, LS1 2TE

Notified 04/06/2018

Former PSCs

Mrs Laura Amanda Grundy

Ceased 14/11/2022

CompanyRankvs 25952+ SIC 62020 peers
67

Financial strength77th percentile among SIC peers · 19/25
Employees36th percentile among SIC peers · 5/15
LiquidityCurrent ratio 2.03× · 20/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees5/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/06/2025

Net Worth

£42k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£41k

Working capital

Current Assets

£81k

Current Liabilities

£40k

Fixed Assets

£5k

1avg. employees

Tax at Year End(2024)

Corp tax£17k
Dividends paid£51k

Balance Sheet

Assets less current liabilities£47k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.03+£0
20252.03+£3k
20242.11+£10k
20232.55+£15k
20222.00+£13k
20212.02
20200.95
20191.00

Derived from filed accounts. Not audited figures.